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Denton, TX 76207
$6,732,000

About this home

UNRESTRICTED HARDENED OPERATING YARD ON IH-35E DAY 1 UTILITY. Recreating this from raw ground would take years of entitlement, significant capital, and most North Texas cities would not permit this use by right. Offering 27.4 to 68.32 AC on the IH-35E service road in unincorporated Denton County, with an improved hardstand yard already in operation.

35-year operating legacy: Continuous heavy outdoor storage use on this exact site with no city zoning or use restriction by ordinance. Ownership commissioned a Phase I Environmental Site Assessment; follow-up soil work is scoped and priced.

PRICING AND DIVISIBILITY PORTIONS FROM $3,069,000

40.92 AC Expansion Investment Tract: $3,069,000 at $75,000 per AC
27.4 AC Improved Yard: $4,384,000 at $160,000 per AC
68.32 AC Entire Site: $6,732,000 at $98,536 per AC, $721,000 savings vs sum of parts
Seller financing available.

Proven uses and demand: Auto dismantling and recycling with 35 years of continuous operation. Fort Worth precedent for phased truck parking; Southeastern Freight Lines committed $30M to a Denton terminal. Adjacent owner pursued concrete batching and was near an LOI. Two on-site wells support water-intensive uses.

INFRASTRUCTURE INVESTMENT
TxDOT I-35 North Improvement Project: $187M allocated to widen I-35 from 4 to 6 lanes plus continuous frontage roads directly fronting the property. Part of a $1.25B plus Denton County corridor reconstruction program enhancing long-term truck access and capacity. Approximately 900 feet of IH-35E service road frontage with multiple access points.

Several uses can produce income from day one, including yard leasing, fleet and truck parking, dismantling, or batching, because the hardstand, utilities, and operating history are already in place. An investor can underwrite the current use rather than a four-year entitlement outcome and phase the 27.4-acre yard and 40.92-acre balance separately.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
0
Living Area
0
Lot Size (Acres)
68
Property Subtype
Improved Land
Property Type
Land
Status
Active

Interior

Fireplaces
0

Exterior & Construction

Lot Features
Acreage

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Denton
County
Denton
School District
Sanger ISD
ZIP Code
76207
State
TX
Subdivision
A0002A J. Ayers Survey

Financial

Price
6732000

Utilities

Sewer
Septic Tank
Utilities
Septic Available, Water Available

Listing Details

Listing Agent
Donna Kemp-Long
Listing Office
Donna Kemp-Long
MLS #
21274385
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21274385

Listing agents

Listing AgentDonna Kemp-LongDonna Kemp-Long

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